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13.2 Consumer Price Index Most people comparison shop before they buy. Today, you are going to compare prices of various items to their previous times

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13.2 Consumer Price Index Most people comparison shop before they buy. Today, you are going to compare prices of various items to their previous times in history. You will also look at inflation and make some determination about when inflation was the greatest. 1. Based on your own knowledge of prices today, make a list of the prices you would expect to pay for the following goods or services: a. an evening at the movies b. ice cream from an ice cream shop. c. dinner at a typical restaurant 2. Now calculate what the above items would have cost at the time periods listed on the next page. Use one of the following site to do your calculations: Under the Data Tools, Date Retrieval Tools, Calculator" a. 1915 movies: ice cream: dinner: b. 1945 movies: ice cream

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